Lululemon (LULU) Q2 2022 earnings


Pedestrians pass by a Lululemon store.

Scott Mlyn | CNBC

Lululemon Athletica Inc. on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as shoppers stocked up on workout gear even as surging prices have hurt other retailers’ apparel sales.

The company also raised its outlook for the year. Shares rose about 9% in off-hours trading.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

  • Earnings per share: $2.20, adjusted, vs. $1.87 cents expected
  • Revenue: $1.87 billion vs….

Source cnbc.com

0 0 votes
Article Rating

Flood losses to insured property are jumping drastically

Previous article

GM’s Cruise recalls and updates self-driving software following crash

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Earnings